121 RUSTIC LODGE W MINNEAPOLIS MN 55419

PID: 1502824240066· 1 field stubbed (see below)

Property Overview

Parcel ID1502824240066

Lot Size9,885 sq ft (0.227 ac)

Lot Dimensions (est.)77 ft wide × 129 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerM J HEJNY & T L HEJNY

Assessed Value$717,100

Land Value$276,000

Building Value$441,100

Annual Tax$12,640

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

4 permits on record since 2017 · Most recent: Nov 2025 (existres)

ExistresNov 2025Inspection

Hoffman Refrigeration and Heating Ltd

ExistresJul 2024Inspection

O'Boys Heating & Air LLC

ResNov 2018Closed

Linn Star Transfer Inc

ResFeb 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width191 ft

Buildable depth9 ft

Area~3,095 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 3,095 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
117 RUSTIC LODGE W MINNEAPOLIS MN 55419	JOHANNA TAYLOR/SHANNON RUST	RESIDENTIAL	$738,800	59 ft
118 49TH ST W MINNEAPOLIS MN 55419	D E JOHNSON & C O JOHNSON	RESIDENTIAL	$99,000	85 ft
115 RUSTIC LODGE W MINNEAPOLIS MN 55419	M BUFFINGTON & K BUFFINGTON	RESIDENTIAL	$568,800	109 ft
4830 WENTWORTH AVE MINNEAPOLIS MN 55419	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	121 ft
127 RUSTIC LODGE W MINNEAPOLIS MN 55419	E M STREIT & W J STREIT	RESIDENTIAL	$811,900	131 ft
120 49TH ST W MINNEAPOLIS MN 55419	DAROLD & CAROL JOHNSON	RESIDENTIAL	$491,000	149 ft
116 49TH ST W MINNEAPOLIS MN 55419	SHAW MAHAN TRUST	RESIDENTIAL	$412,300	156 ft
109 RUSTIC LODGE W MINNEAPOLIS MN 55419	K T RIGG & J H RONALD	RESIDENTIAL	$485,600	158 ft
126 49TH ST W MINNEAPOLIS MN 55419	M DAHLMAN & B DAHLMAN	RESIDENTIAL	$440,100	172 ft
114 49TH ST W MINNEAPOLIS MN 55419	G G BROOKER & V A MARQUARDT	RESIDENTIAL	$507,500	175 ft

Property History

Most Recent Sale

Date201808

Price$676,500

TypeWARRANTY DEED

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory. See README for details on which sources are live vs. stubbed.